Diesel Prices Fall Nationally

It looks like predictions that the price of diesel would fall in 2014 are being proven correct, at least so far. Last week the price of diesel fell 2.4 cents from the previous week, making the national average price of diesel fuel $3.886.

According to overdriveonline.com, “That’s the most the price of diesel has fallen since the week ended Nov.11 and save for that week and the week ended Setp.23 (which also had a 2.5-cent drop), the 2.4-cent decline is the largest since the week ended April 29, 2013.”

The decrease is diesel fuel prices is good news for truckers, who had seen increases for three weeks in a row before last week. The price is almost exactly the same as it was this time last year. Last year the price of diesel saw a sharp increase in the spring, followed by an equally sharp decrease in the summer, with a moderate increase in the fall. As we stated in last week’s blog, the price of diesel is predicted to fall 11 cents in 2014. From 2012 to 2013, the average price of diesel fell by 5 cents nationally.

 

diesel fuel national average

 

 

Evan Transportation was founded in 1992 by Jerry Wolfarth, who at the time had over 25 years of experience in the trucking and transportation industry. The initial operation consisted of a few trucks and drivers who were dedicated and professional. The goal of the company was to provide excellent, dependable service.

If you need materials and products moved in the Mid-Atlantic region, contact Evan Transportation. We hire professional drivers with excellent driving records, and maintain a fleet of trailers and vehicles that are reliable and ready to roll.

Contact us today for all of your freight shipment needs or call us at 443-673-3365

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Sources

http://www.overdriveonline.com/dept-of-energy-still-predicting-diesel-to-fall-roughly-10-cents-a-year-in-2014-2015/

http://www.overdriveonline.com/diesel-price-falls-in-one-of-biggest-weekly-price-drops-in-nearly-a-year/

 

This entry was posted on Friday, January 17th, 2014 at 3:47 pm. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.